Our Blog

  • Posted by PREP on June 17, 2019

Progressive Real Estate Partners Inks Deal with Chuze Fitness for 45,000 SF Anchor Space in SoCal’s Inland Empire

Rancho Cucamonga, CA – June 18, 2019 – Progressive Real Estate Partners, the leading Inland Empire retail brokerage firm, announced today that it has executed a lease with Chuze Fitness at 14574 Baseline Avenue in Fontana, California. Chuze will be occupying 45,000 square-feet of the former Ralphs Grocery leaving approximately 12,000 square-feet for a soon...
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  • Posted by Brad Umansky on May 23, 2019

ICSC RECon Delivers BIG Time!

WOW – what a great ICSC RECon this year!  The show definitely delivered with a jam packed program of literally something for everybody in retail real estate.  Over 30,000 people attended the non-stop 4-day conference.  The Progressive Real Estate Partners team was there in force and participated in well over 150 formal and informal meetings...
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  • Posted by Brad Umansky on May 01, 2019

Welcome At Home to Southern California!

The 85,000 sf Store is NOW OPEN in Lake Forest, CA Past readers of my blog know that my wife, Lauren, and I enjoy visiting new retailers that come to Southern California AND especially those that are new to the Inland Empire, or likely to open here in the near future. So when I suggested...
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  • Posted by Brad Umansky on April 11, 2019

Riverside Food Lab is a Great Addition to Downtown Riverside

I recently had the opportunity to attend an economic development event in Downtown Riverside that highlighted all the hotel, residential and retail activity happening in the area. For me, the high point of the get together was visiting the Riverside Food Lab, the Inland Empire’s first food hall as well as spending some time with...
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  • Posted by Brad Umansky on March 25, 2019

How to Sell a Gas Station or Car Wash With PREP Specialist Victor Buendia

I recently sat down with Victor Buendia, Progressive Real Estate Partners’ resident gas station and car wash sales specialist, to discuss the differences in selling this type of asset that includes BOTH the business AND the real estate compared to a typical investment sale property. Victor has successfully closed numerous gas station and car wash...
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  • Posted by Brad Umansky on March 11, 2019

Where’s the Market? An Update on the Inland Empire Retail Real Estate Scene!

The question, “Where’s the Market?” is probably the one I am asked most often about SoCal’s Inland Empire when I’m attending industry events.  Knowing I am going to be asked, I try to prepare accordingly.  Here are my latest answers/observations: Vacancy is Low and Remaining Spaces are Mostly Tough:  As of March 1 vacancy is...
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  • Posted by Brad Umansky on January 03, 2019

Inland Empire Market Overview & What’s In Store for 2019!

Happy New Year and wishing everyone a healthy, happy and successful 2019!  I’m coming to you live from the Progressive Real Estate Partners headquarters in Rancho Cucamonga which of course is in the Inland Empire! Before providing some thoughts on what’s in store for SoCal’s Inland Empire retail market in the new year here’s a...
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  • Posted by Brad Umansky on November 24, 2018

Mom & Pop Retailers Make a Comeback in SoCal’s Inland Empire

While reviewing Progressive Real Estate Partner’s leasing activity for the year, I’ve noticed an interesting trend happening in SoCal’s Inland Empire.  Year to date a whopping 78% of our leasing transactions have been with independent mom and pop retailers. This is by far the highest percentage since 2010.  In 2015, 2016, and 2017 the figures...
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  • Posted by Brad Umansky on October 10, 2018

Recap of ICSC Western Conference and the Top Takeaways!

The Progressive Real Estate Partners team just returned from the 2018 ICSC Western Conference in downtown Los Angeles. A total of 3,906 people registered but when you add in those in the “shadow economy” (aka people that hung out in the coffee bar lobby but didn’t register) there were easily over 4,000 people in attendance. ...
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